Eh… don’t count on it. China has some significant weaknesses. In the short term, economic growth has slowed significantly. Debt in the private and public sector is having consequences, both in the housing market and elsewhere. In the longer term, China is aging at a faster rate than the US, both due to a low birth rate and immigration rates that are virtually nonexistent compared to the US. China’s GDP is outpacing the US for now, but it’s an open question how long that pace will last.
Eh… don’t count on it. China has some significant weaknesses. In the short term, economic growth has slowed significantly. Debt in the private and public sector is having consequences, both in the housing market and elsewhere. In the longer term, China is aging at a faster rate than the US, both due to a low birth rate and immigration rates that are virtually nonexistent compared to the US. China’s GDP is outpacing the US for now, but it’s an open question how long that pace will last.